INSUBCONTINENT EXCLUSIVE:
Reliance Industries moved in the negative territory after four straight days of gainsDomestic stock markets started Friday's session on a
lower note, amid losses in Asian peers
The S-P BSE Sensex index lost as much as 337.12 points to touch 36,974.41 on the downside in early trade, and the broader NSE Nifty
benchmark declined to 10,924.30, down 105.1 points from the previous close
A selloff across sectors - led by banking, automobile and metal stocks - pulled the markets lower
Heavyweight Reliance Industries moved in the negative territory after four straight days of gains, falling as much as 1.18 per cent in first
few minutes of trade.At 9:35 am, the Sensex traded 333.33 points - or 0.89 per cent - lower at 36,978.20 while the Nifty was down 103.50
points - or 0.94 per cent - at 10,925.90.Top percentage laggards on the 50-scrip index at the time were Indiabulls Housing Finance,
breadth was sharply negative with 444 stocks on the BSE trading higher and 907 lower
making a loss of 1.8 per cent on the week, while commodity-exposed Australia was heading for a weekly drubbing of 2.7 per cent.US President
counter the latest tariffs on $300 billion of Chinese goods but called on the US to meet it halfway on a potential trade deal.E-Mini futures
for the S-P 500 rose 0.24 per cent, but were still off 2.2 per cent on the week
Overnight, the Dow Jones industrial average and the S-P 500 indexes rose 0.39 per cent and 0.25 per cent respectively, whereas and the
Nasdaq finished 0.09 per cent lower.The Sensex and Nifty had ended 0.96 per cent and 0.95 per cent higher on Wednesday, staging a sharp
recovery after the worst day of August on somewhat easing US-China trade concerns.(With inputs from Reuters)Get Breaking news, live
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